D-Wave Quantum Inc
Exchange: NYSESector: TechnologyIndustry: Computer Hardware
D-Wave is a leader in the development and delivery of quantum computing systems, software, and services. We are the world’s first commercial supplier of quantum computers, and the only company building both annealing and gate-model quantum computers. Our mission is to help customers realize the value of quantum, today. Our quantum computers, the world’s largest, are available on-premises or via the cloud, supported by 99.9% availability and uptime. More than 100 organizations trust D-Wave with their toughest computational challenges. With over 200 million problems submitted to our quantum systems to date, our customers apply our technology to address use cases spanning optimization, artificial intelligence, research and more.
Current Price
$22.57
+2.64%GoodMoat Value
$0.47
97.9% overvaluedProfile
Valuation (TTM)
Market Cap$7.90B
P/E-22.26
EV—
P/B9.27
Shares Out350.12M
P/Sales321.40
Revenue$24.59M
EV/EBITDA—
D-Wave Quantum Inc (QBTS) Stock Analysis
Market Cap$7.90B
Current Price$22.57
P/E Ratio-22.26
Forward P/E—
PEG Ratio0.29
EPS$-1.11
Book Value$2.43
P/B Ratio9.27
QBTS Financial Charts
FCF vs CAPEX
FCFCAPEX
Cash vs Debt
Net Cash: 592M
Revenue
5M
FY20
6M
FY21
7M
FY22
9M
FY23
9M
FY24
25M
FY25
Net Income
—
FY20
—
FY21
—
FY22
—
FY23
—
FY24
—
FY25
QBTS 52-Week Range
$10.72
$44.78
50-Day MA: $17.88200-Day MA: $22.76
Did you know?
Price sits at 35% of its 52-week range.
D-Wave Quantum Inc (QBTS) Financial Summary
D-Wave Quantum Inc (QBTS) is a Technology company in the Computer Hardware industry, listed on NYSE. The stock currently trades at $22.57 with a market capitalization of $7.90B.
Key valuation metrics include a P/E ratio of -22.26, price-to-book ratio of 9.27, and EPS of $-1.11. The company reports a profit margin of -1444.1% and return on equity of -41.7%.
QBTS Key Financial Metrics
| Metric | Value |
|---|---|
| Market Cap | $7.90B |
| P/E Ratio | -22.26 |
| EPS | $-1.11 |
| P/B Ratio | 9.27 |
| P/S Ratio | 321.40 |
| Profit Margin | -1444.1% |
| Return on Equity | -41.7% |
| Debt/Equity | 0.05 |
QBTS Revenue & Earnings History
| Year | Revenue | Net Income |
|---|---|---|
| FY20 | $5.16M | $-10.02M |
| FY21 | $6.28M | $-31.55M |
| FY22 | $7.17M | $-53.70M |
| FY23 | $8.76M | $-82.72M |
| FY24 | $8.83M | $-143.88M |
| FY25 | $24.59M | $-355.06M |
D-Wave Quantum Inc (QBTS) Valuation
Based on GoodMoat's DCF model, D-Wave Quantum Inc has a fair value estimate of $0.47. At the current price of $22.57, the stock appears 4708.8% overvalued relative to our intrinsic value estimate.
QBTS Quality Indicators
D-Wave Quantum Inc maintains a profit margin of -1444.1% and an operating margin of -408.2%. Return on equity stands at -41.7%. The current ratio is 42.38. Debt-to-equity ratio is 0.05.
About D-Wave Quantum Inc
D-Wave is a leader in the development and delivery of quantum computing systems, software, and services. We are the world’s first commercial supplier of quantum computers, and the only company building both annealing and gate-model quantum computers. Our mission is to help customers realize the value of quantum, today. Our quantum computers, the world’s largest, are available on-premises or via the cloud, supported by 99.9% availability and uptime. More than 100 organizations trust D-Wave with their toughest computational challenges. With over 200 million problems submitted to our quantum systems to date, our customers apply our technology to address use cases spanning optimization, artificial intelligence, research and more.
QBTS Free Cash Flow
D-Wave Quantum Inc generated $-76.29M in trailing twelve-month free cash flow, representing an FCF yield of -0.97%. This low FCF yield may reflect heavy reinvestment or growth spending.
QBTS Shares Outstanding
D-Wave Quantum Inc has 0.35 billion shares outstanding at a share price of $22.57, giving it a market capitalization of $7.90B.